Doha: EZDAN Holding Group announced buying a part of Speed for Trading and Contracting's stake in "Magical Festival Village Company" to own 70% of the latter's shares.
The total assets of Magical Festival Village Company is QAR 31.93 million, according to a bourse filing on Sunday.
Ezdan Holding Group was transformed from an individual to a shareholding company. The roots of Ezdan Holding Group date back to 1960, when it was founded as a private company under the name of Thani Bin Abdullah Housing Group. In early 2007, after undergoing several stages, it was transformed to Ezdan Real Estate Company, which became a public joint stock company during the same year.
